10/14/2026
"We already have a special needs trust." That's a good start. The next question is which kind.
A third-party trust holds money from parents, grandparents, or others. When the beneficiary dies, what remains goes to whoever the family named.
A first-party trust holds the person's own money, like a settlement or an inheritance paid to them directly. It generally has to repay Medicaid from what remains at their death.
A pooled trust is run by a nonprofit that keeps a separate account for each beneficiary.
Same label, very different outcomes for the rest of the family. The deciding question is usually simple: whose money is going in?
Our new post walks through all three.
https://www.absolutelawgroup.com/post/not-every-special-needs-trust-is-the-same-trust-the-three-types-florida-families-should-know
Absolute Law Group | Estate Planning & Elder Law | Ocala, FL
General information, not legal advice.